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A delegation led by Vietnamese Ambassador to Romania Dang Tran Phong visited Neamt county, the capital of Romania’s northeastern region, from October 14 to 17 to promote economic cooperation and cultural exchange between the two countries.

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Vietnamese businesses could increase exports to India by 633 million USD annually, the Standard Chartered Trade Opportunity Report has revealed.

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On Tuesday, data from China’s General Administration of Customs showed a surge in imports and exports in September, with 13.2% and 9.9% growth year on year, respectively. The strong uptick shows how Beijing is navigating the politics of a post-pandemic recovery—exporting vital goods to worse-hit nations while aiming to meet its trade deal commitments to the U.S.

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The trend of increasingly diversifying supplies, avoiding dependence on a few markets of the Americas has opened up many opportunities for Vietnamese products to increase exports. Since the beginning of the year, despite the Covid-19 pandemic, the export of goods to the Americas has recorded positive growth.

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Amid Vietnam's goods export to many traditional markets facing difficulties, the Ministry of Industry and Trade said the expansion and development of trade cooperation with new potential markets in the Middle East and Africa is one of the solutions that Vietnam needs to employ.

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Though time is quickly running out for a trade pact between the United Kingdom and the European Union in the critical final hours of Brexit divorce talks, both sides will continue to be linked together regardless of what happens, according to a panel of European business executives hosted by Northeastern University.

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WTO members took up another set of fisheries subsidies issues at the 5-9 October cluster of meetings of the Negotiating Group on Rules, as drafting work continued on an agreement to curb harmful state support for fishing. New textual suggestions were made and next steps to help members find the middle ground among their positions were discussed.

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UK Secretary of State for International Trade Elizabeth Truss is scheduled to travel to Japan next week to sign a bilateral free trade agreement between the two countries on behalf of London, Japanese broadcaster NHK reported on Tuesday

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According to the Ministry of Agriculture and Rural Development (MARD), after implementing the EU-Vietnam Free Trade Agreement for two months, the export of agricultural products to the EU has seen positive changes with the total agricultural export value from August 1 to the end of September estimated at US$711 million.

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Reforms of checks on imported products will help improve the business climate while reducing time and costs, which will give significant room for growth, Minister and Chairman of the Government Office Mai Tien Dung has said.

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